Bitcoin defies fear of the war and starts with an optimistic constellation in June
Bitcoin starts with a new momentum in June, as institutional interest and fresh capital inflows continue to shape its development.
Despite global tensions and political unrest, cryptocurrency was able to develop upward dynamics, closed May with an increase of almost 10% and thus signaled a bullish potential for the coming weeks.
The upswing is mainly due to ongoing tributaries in US-noded Bitcoin ETFs, which is $ 5.6 billion in the course of the month. At the same time, listed companies increased their stocks, which increased the total value of the Bitcoins held by companies to $ 85.6 billion – an increase of 4% compared to April. This growth underlines how digital assets gain in importance as long -term balance sheet strategies.
However, there is still uncertainty on the geopolitical front. The trade rhetoric of the USA, especially the tariffs brought back into play by Donald Trump, has unsettled investors. These changes could lead to price fluctuations at short notice, but analysts assume that Bitcoin could benefit because they strengthen the arguments for decentralized, cross -border assets.
Chris Rhine from Galaxy Digitally suspects that unpredictable political measures slow down the traditional markets and the central banks could cause monetary policy to relax, which would create a cheaper climate for cryptocurrencies.
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Interestingly, Bitcoin's course of the course seemed to have decoupled from the traditional markets in May. It gave up both in times of optimism and in times of uncertainty – a sign, some for its developing market identity. Federico brocade, President of 21Shares USA, notes that it is still unclear whether this decoupling is only temporary or part of a new standard.
Bitcoin reached a high of $ 111,999 on May 22nd before he returned between the USA and China after the tensions of the tensions. President Trump accused China of trade violations and thus fueled fears of a new conflict, especially as representatives of the Ministry of Finance, that the talks had come to a standstill.
Meanwhile, the focus is on regulatory developments. A new draft law on StableCoins, the Genius Act, passed the Senate and could come to vote in early June. According to Wells Fargo, the result could have a wide impact on the mood in the crypto area, while a competitive draft law in the House of Representatives has to deal with headwind.
On the technical side, Tracy Jin from Mexc sees the next hurdle for Bitcoin at $ 109,000. When the bulls overcome this brand, the range of $ 113,000 to $ 115,000 comes into sight with a potential outbreak path towards $ 130,000.
In summary, it can be said that the interest of institutional investors is still strong, the technical factors are bullish and that regulatory developments could change the market mood in the coming weeks.
